Q-Review 6/2021: Currency Wars
Cryptocurrencies have experienced a remarkable rise in numbers and popularity… Read More »Q-Review 6/2021: Currency Wars
Cryptocurrencies have experienced a remarkable rise in numbers and popularity… Read More »Q-Review 6/2021: Currency Wars
Many erroneously believe that we are heading into a sustained… Read More »Outlook for the World Economy
How will the coronavirus pandemic alter our economies? It has… Read More »Q-Review 12/2020: The Aftermath of the Coronavirus
The 2019-nCov pandemic has ravaged the world economy since February. On the 9th of March, we published forecasts assessing the likely impact of the outbreak going forward under various scenarios. We will publish updated forecasts in a series of Deprcon Special Issues. This is the first of those updates.
As shown by the ghastly February PMI prints from China, the coronavirus is about to hit the global economy like a sledgehammer. It has already caused serious disruption in production, air travel and commerce worldwide. And more is on the way.
Howe…
The economic calm which has succeeded the turbulent conclusion to 2018 was abruptly shattered on the 16th of September. On that day, rates in the repo markets spiked by 248 basis points to more than double the overnight lending rate of the…
Since our recession call in March, we have received a fair number of questions about how and why. To give a clearer picture of our view, and on our services, we are publishing …
Errata in the third paragraph (“steepening” -> “flattening”) corrected in 04/08.
Yield curve inversion has spooked the markets. In all honesty, it should not have come as a surprise. After the Federal Reserve pivoted early January and …
For some years now, we’ve been very wary of the legitimacy of the “economic recovery”.
The world economy has never faced a more perilous situation. While many have just started to debate whether a recession will start in 2019 or 2020, very few perceive the ‘black hole’ the global economy is about to get sucked into.
The hole has two…